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It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?

Options:

Customer satisfaction

Enhancement of internal processes

Financial

Learning and growth

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Question 2

Which TWO of the following key business areas can a standard cost record assist with?

Options:

Pricing decisions

Break-even analysis

Inventory level

Receivables collection

Question 3

Data warehousing is an essential element of the extraction transformation and loading process.

Which of the following best describes data warehousing?

Options:

Examining the data to understand its content formats and structure

Storing data in a systematic and logical way ready for further interrogation.

Data being processed into the destination database ready for use.

The process of harvesting data from source databases and locations.

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Managing Finance in a Digital World Questions and Answers

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